Alyssa Powell

It should be a good time to work for the biggest hedge funds in the world.Firms like Millennium, Citadel, Point72, and Balyasny are experiencing rapid growth and offering eye-popping pay packages, which can reach tens of millions of dollars for the most sought-after risk-takers.Investors in hedge funds came into the year the most optimistic they'd…

When Gustavo Schwed was considering a career in finance in the late 1980s, climbing the corporate ladder was a preoccupation for working people, not students."People didn't really give their job as much thought until, really, the summer between their junior and senior year — if then," said Schwed, a New York University professor who started…

When Gustavo Schwed was considering a career in finance in the late 1980s, climbing the corporate ladder was a preoccupation for working people, not students."People didn't really give their job as much thought until, really, the summer between their junior and senior year — if then," said Schwed, a New York University professor who started…

Late last month, genetic testing giant 23andMe filed for bankruptcy.The San Francisco-based company — cofounded in 2006 by former healthcare investor Anne Wojcicki — rose to fame for offering genetic testing services directly to customers.When the company went public in 2021, it was valued at just over $6 billion. Now, it says it had debts…

Moving air has become a nuisance for the trucking industry in recent years.A recent industry report estimated that at any given moment, roughly 35% of all trucks on US freeways were empty of goods.For example, a truck driver might secure a load to haul from Long Beach, California, to Chicago, but once they drop off…

High-end cruise suites often include amenities like private hot tubs, butlers, and pillow "menus."See eight of the most luxurious suites on cruise lines like Royal Caribbean, Disney, and Celebrity.This article is part of "Well Charted," a series for travelers planning cruise adventures.Forget windowless interior cabins. Wealthy cruisers prefer apartment-like suites with butlers, original Pablo Picasso…

1. "Rumours" by Fleetwood Mac "Rumours" was released in 1977. Warner Bros "Rumours" is the definitive breakup album — a prismatic display of heartbreak, where every composer has their own ax to grind.The real-life drama that fueled "Rumours" has been thoroughly documented and even turned into fiction. As Mick Fleetwood, Lindsey Buckingham, Stevie Nicks, Christine…

AI-generated recipes are popping up all over Facebook — and real people are making them.Some people don't realize they're making a dish from a recipe written by a robot.I had to try making one myself, just to see how it would turn out.AI-generated recipes are popping up all over Facebook — circulating from pages that…

AI-generated recipes are popping up all over Facebook — and real people are making them.Some people don't realize they're making a dish from a recipe written by a robot.I had to try making one myself, just to see how it would turn out.AI-generated recipes are popping up all over Facebook — circulating from pages that…

This article is part of "Workforce Innovation," a series exploring the forces shaping enterprise transformation.2024 was a year of major transformations in the workforce: the surge in AI adoption, shifts in the makeup of the C-suite, and new approaches to worker well-being and DEI initiatives.For the final roundtable of Business Insider's Workforce Innovation series, Rebecca…